Re: XARD - Simple Trend Following Trading System
Posted: Sat Jan 18, 2025 9:31 pm
Dear Master Xard/ Master Curioso/ Senior Experienced Members,Curioso wrote: Fri Jan 17, 2025 6:04 am Hello mazibee,
I make some notes today for my entry, and tell me if you understand.
In time frame lower like M1, we wait a lot of hours sometimes to fully conditions are matched, because of that i have my own Take Profit levels using only "XARD - Simple Trend Following Trading System"
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The reason I wait for the two triangles is because the first one is defined by the minidots, and the second one will cover the first two, but I don't go in straight away or with two minidots, I prefer to wait for the 2nd colored dot which in the image is described as 4 and then make sure we don't have any kind of obstacle and then when everything is lined up in our direction we just pull the trigger. And when we are sure of our direction, and a blue dot appears, I enter once more (without ever leaving) (point 22 and 33).
And when you're sure of your direction and a blue dot appears, you enter once more (without ever leaving) (points 22 and 33).
You can also use it to close orders to reduce any drawdowns (points 21 and 31) so that you don't have to think about it again until the next re-entry.
What I really like about M1 is that we have the freedom to come in whenever we want and however, we want, as long as we have the standard we're looking for and focus on that and use the key points of our position management.
The latest release of Version 21 by Master Xard is truly a masterpiece, especially once the underlying concepts are understood (though I must admit, I’m still working on fully grasping them).
On joining the forum , I started with v65, then v18, but I’ve now transitioned to Version 21. While the updates are remarkable, I’m finding myself a bit confused about determining Directional Bias and how to incorporate it effectively into this version.
If my execution timeframes are M1/M5, which higher timeframe should I focus on? Additionally, what specific aspects should I prioritize in my directional Bias analysis? This particular area has been challenging for me to fully comprehend.
Master Curioso, as someone who has been an active and insightful contributor to this threa, with your deep understanding of Master Xard's strategies, both in the current and earlier versions, your guidance would mean a lot. Your contributions to this forum and thread have been invaluable, and I deeply appreciate the time and effort you dedicate to helping others.
I am still trading on a demo account and haven’t opened a real account yet. However, I am genuinely inspired when I see fellow members achieving daily profits ranging from 5% to over 100%.
With consistency, discipline, and the collective wisdom shared here, I am confident I’ll be able to achieve similar results in the near future.
Thank you in advance for your guidance and support.